Should I sell my Bitcoin Cash? | Bitcointalksearch.org

reactorjuno

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Quote from: ?? on ??

Quote from: reactorjuno on February 22, 2018, 08:35:52 PM

Hi people. I have 0.31 right now, the value of Bitcoin Cash is not really looking good at the moment, if you were me would you sell or hold?
Thanks for any constructive opinion.

Don't sell it yet because the value of bitcoin is continuously rising up. Therefore there are possibilities that you money will double or triple. Just wait until the currency rise up. But if you immediately need the money you can exchange it now but there is no assurance that it is high value.

Hi,
I deleted your post, I was asking for constructive replies, that's why your post is now gone.
Thanks.

jhache

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You should not be selling any of your coins at this time. I know that bitcoin cash is a hard forked coin and there are a lot of people who believe that the coin will never do well but so far the coin has managed to prove everyone wrong and is holding on quite strongly in the market. Just hold the coin until the next bull when the prices are much better, then you can sell.

el kaka22

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Quote from: reactorjuno on February 22, 2018, 08:35:52 PM

Hi people. I have 0.31 right now, the value of Bitcoin Cash is not really looking good at the moment, if you were me would you sell or hold?
Thanks for any constructive opinion.

Yeah definitely. No doubt about it. Bitcoin cash is not a real currency, it is a copycat that tried to be relevant for a while but it wasn't. It is backed by couple of rich dudes and tried to be something bitcoin should do but in reality bitcoin moved past their ideologies and now working towards a faster way without them. Bitcoin cash is what miners hope bitcoin would become however bitcoin itself is what investors wanted bitcoin to be. Sell your bcash, its as useless as it gets.

If you notice, bitcoincash is trading between 0.220 BTC to 0.080 BTC in long run. It means people are bumping and dumping it periodically. As per my basic rule of investments, when the coins lack with real-time application then we should not believing to them.

culberth

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If you doubt with your coin, you can just exchange it to another good coin. Maybe to etherum or maybe to bitcoin. Atleast BTC and ETH already known good by many people.

Melody2

jr. member

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What you should be asking is what is the project behind bitcoin cash? Who are the team members and is there going to be any further developments following its fork from bitcoin? If the answer you get is hazy then you should consider selling it. Otherwise, keep holding

Babyjamz3026

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Quote from: reactorjuno on February 22, 2018, 08:35:52 PM

Hi people. I have 0.31 right now, the value of Bitcoin Cash is not really looking good at the moment, if you were me would you sell or hold?
Thanks for any constructive opinion.

Bitcoin Cash have been doing well since the winter dip, like almost any other coins to be honest. Crypto is slowly growing again and BCH has good raise up. The biggest raise was in May. Its up to you to sell it now or hodl longer. I would wait a bit longer to see how the market goes. Personally I think it will raise more this summer.

Bonanzabits

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In the market of crypto-currencies the battle of forks is brewing. Bitcoin Cash is perhaps the most worthy rival bitcoin in relation to other forks, but in any case it is not strong enough to at least give a threat to bitcoin. I see no point in using Bitcoin Cash, only for a short while, during obvious rebounds from the bottom. Also, do not forget that this is a self-made project by Roger Ver.

ethereumhunter

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I already sell my bitcoin cash in the last year but I make a buy again in a few months ago while the price is down although today the price still getting down. I still make a little buy for bitcoin cash because I see that this coin can reach the highest price again so it's good for me if I can buy back again while the price still in a cheap price. I still waiting a good time to sell bitcoin cash and if the price does not increase until the end of this year, maybe I will sell it in the next year which I am sure that the price will increase back.

organelles

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Though I am not a fan of hardforked coins, bitcoincash so far looks to be doing well, it is still at a good price even with the market suffering so much. That means that bitcoin cash is here for the long run. With such a coin, it is better to hold and wait for the bull. If they are doing well in a bear market, imagine how well they would do in a bull market.

Nell Theres

newbie

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According to this you better do not rush to sell it because someday bitcoin price will surely go up and you also,
need to do research about bitcoincash because you will pay attention to hash power, mining activity and other transaction.

consideritdone

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dont sell something that people want to buy
https://www.coingecko.com/en/price_charts/bitcoin-cash/usd
and its a hedge against bitcoin, more coins for all

reactorjuno

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Quote from: funchiestz on June 20, 2018, 02:16:45 AM

If you invest in a currency other than Bitcoin, this has to be definitely Ethereum. I think all the Bitcoin forks, including Cash, are garbage!

I did bro, and I am -30% on ETH right now. Will hold but this year has not been encouraging at all. Well it started well, January was good for ETH but then everything went down, I bought at the worst time it seems.

BCH is pocket money for me so I decided to hold no matter what.

Thanks for all the replies guys (I deleted some of the replies, to be in accordance with the forum rules).

Dek_Fakhri

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Quote from: reactorjuno on February 22, 2018, 08:35:52 PM

Hi people. I have 0.31 right now, the value of Bitcoin Cash is not really looking good at the moment, if you were me would you sell or hold?
Thanks for any constructive opinion.

I do not think it's necessary because now all altcoin prices are down and the market has not improved anyway so I'm sure with you holding your altcoin you will get a good profit in comparison with BCH sell nowadays because all of it has not been back stable

funchiestz

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If you invest in a currency other than Bitcoin, this has to be definitely Ethereum. I think all the Bitcoin forks, including Cash, are garbage!

harbin55

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Hmm, Its up to you if you will hold it or sell it, but for me as long as the market value is still low I will recommend to do the holding process wherein I can incurred a income in future by waiting.

BitcoinBallerina

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Presale is live!

Seems like price has risen in the past couple of weeks and bitcoin cash has been doing quite well in the market so it might be a good idea to sell now and hopefully the price of bitcoin cash falls back down and then you can just buy back in again which would be good but if you are not very sure about selling then it would be a better idea to just hold and wait for the bull.

J_CCreate

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I`d wait until summer. Summer is going to be hot and all the cryptos will pump. Also Bitcoin Cash founder is very ambitious, he want his coin to become better than Bitcoin. Just wait.

Getmon

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Quote from: reactorjuno on February 22, 2018, 08:35:52 PM

Hi people. I have 0.31 right now, the value of Bitcoin Cash is not really looking good at the moment, if you were me would you sell or hold?
Thanks for any constructive opinion.

It's up to you. You can sell it and invest the proceeds in some other altcoins such as Waves or Ethereum or Stratis. Or if you want you can actually move to Bitcoin. We all know that Bitcoin is going to have some bullish growth really soon. We just don't know when exactly. What is certain though is that it will happen within the first half of the year. So you better have some while the price is still cheaper. The growth is pretty much certain so there is not much risk involved.

moneylorn

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I hodled it until january after some red days i switched back to bitcoin and etherium 50% 50% , i dont think its smart to have all investments in 1 asset.

reactorjuno

member

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Quote from: gorodi on February 27, 2018, 05:39:06 AM

Quote from: reactorjuno on February 22, 2018, 08:35:52 PM

Hi people. I have 0.31 right now, the value of Bitcoin Cash is not really looking good at the moment, if you were me would you sell or hold?
Thanks for any constructive opinion.

Will you really sell it if somebody will recommend you doing it only because Bitcoin Cash is not growing now? My point of view is just to wait at least for March-April. The market I suppose will go up in spring.

Hi. The thing is I was expecting constructive replies with strong logic and thinking behind. There are a few (not blaming everyone Wink

) but I had to delete some comments there coming from people just willing to boost their post count.

Good point from you, I won't necessarily sell right now, I was waiting till April to decide (most probably August actually but we'll see in April how things fare.
Thanks buddy.

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